It’s hard not to blink at a sum as large as €134 billion. Unfortunately, this is the exact figure that the European Commission has revealed the European Union is missing out on when it comes to the difference between expected VAT revenue and the amount that is actually collected.
Source: finance-monthly.com
Latest Posts in "European Union"
- ECJ Rules No VAT Liability for Incorrect Rates Charged to Non-Taxable Consumers
- ECJ Confirms VAT Exemption for EU Goods Exported Outside Union After Intra-Community Supply
- ECJ Rules Against Automatic Single Supply Treatment for Intra-Group Management Services
- Agenda of the ECJ/General Court VAT cases – 3 Judgments, 3 AG Opinions, 1 Hearing till October 28, 2025
- Commission calls on BELGIUM, FRANCE, and MALTA to fully implement the new EU VAT rules for the special SMEs scheme
